KRBL's credit ratings reaffirmed by ICRA, total rated amount decreased

KRBL Limited announced that ICRA Limited has reaffirmed the credit ratings for its banking facilities as of December 12, 2025. The long-term fund-based working capital limits, previously rated at INR 1,875.00 crore, have been reaffirmed at INR 1,540.00 crore with an [ICRA]AA(Stable) rating. Similarly, the long-term unallocated limits, previously INR 125.00 crore, are now reaffirmed at INR 0.00 crore, also holding an [ICRA]AA(Stable) rating.

Short-term non-fund-based limits, including LC/BG/Forward limits, saw a reaffirmation at INR 15.00 crore (previously INR 145.00 crore) with an [ICRA]A1+ rating. The short-term unallocated limits of INR 74.00 crore were reaffirmed at INR 0.00 crore, maintaining an [ICRA]A1+ rating.

The commercial paper limits of INR 500.00 crore were also reaffirmed at [ICRA]A1+. Overall, the total rated amount has decreased from INR 2,719.00 crore to INR 2,055.00 crore, reflecting the updated allocations.